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Investments in Small Business Revive Whole Neighborhoods

 The work of entrepreneurs and small business owners benefits not just their businesses, but also their communities. LISC President and CEO Maurice Jones and Program Vice President Joseph Horiye recently co-wrote an op-ed in the San Francisco Chronicle, highlighting how small businesses – and LISC’s assistance – have helped bring new life to a disinvested community in San Francisco.

Yvonne's Southern Sweets offer baked goods on Third Street

Photo courtesy of Yvonne’s Southern Sweets and Chloe Jackman Photography

 Along the Third Street Corridor in the Bayview neighborhood, new businesses are booming in the past year, creating jobs, adding to the city’s tax revenues and bringing fresh energy and activity to a long blighted area, a winning solution for the city and the neighborhood. Key to this success has been committed and careful support for the small business owners, from technical assistance to lending capital.

 Read the op-ed here.

For more on helping small businesses succeed, see Fostering Small Business Success and much more in our Commercial and Economic Development section.

Photo of Third Street by Marcin Wichary via Flickr Creative Commons.

Posted in Commercial and Economic Development

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